• Title/Summary/Keyword: feasibility analysis

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An Economic Analysis of Rainbow Trout(Onchorhynchus mykiss) Aquaculture Farms (무지개송어 양식업의 경제성 분석)

  • PAEK, Jin-Yi;PARK, Kyoung-Il
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.5
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    • pp.1280-1289
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    • 2016
  • This study aims to conduct economic analysis of the Rainbow Trout (Onchorhynchus mykiss) aquaculture farms in Korea. The analysis was performed based on farming cost, market price of the species and fishermen's income. We estimated the farms' economic feasibility using return on sales, the NPV, the IRR and the break-even point. The result indicated that while the profitability depends on current aquaculture production performance and market situation, the business operation is up to price and aquaculture production of species. According to sensitivity analyses of price and yield, aquaculture business becomes poorer with lower price and production.

Analysis of the Risk Influence Factors in Apartment Building Development Projects

  • Lee, Sung-Ho;Kim, Sun-Kuk;Suh, Sang-Wook
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.424-433
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    • 2013
  • There have been few attempts made to perform a systematic analysis of the various risk influence factors in building development projects. This study suggests an analysis of the risk influence factors in the process of feasibility studies for apartment building development projects. To reflect the voice of professionals, surveys were carried out. In addition, an FD-AHP method was applied to identify the importance of the risk influence factors. Through the surveys, major risk factors were separately identified as direct and/or indirect elements. An analysis of risk influence factors supports an effective feasibility study of apartment building development projects.

A STUDY ON DEVELOPING THE CALCULATION SYSTEM OF DISBURSEMENT FOR GOVERNMENT ON THE BTL PROJRCTS

  • Chun-Kyong Lee;Tae-Keun Park
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.649-657
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    • 2009
  • BTL projects, which has been 3 years since it was carried out in 2008, trigged the controversy on the adequacy in the calculation of disbursement for Government due to such problems as low earning rate and the burden of service level compared with the project suggestion. Thus, the purpose of this study is to offer a suggestion on the calculation system for the purpose of the standardized - expense appropriation by item and database including the antecedent study on the finance model and the feasibility in BTL projects. The system is composed of 4 steps - project management, basic database, an analysis on expense by item and the result, and an analysis on sensitivity, and it is possible to carry out a comparative analysis on single and multi alternatives by variable change along with the ground on expense calculation.

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IPA Analysis of Agricultural Climate Adaptation Policies (농업부문 기후변화 대응정책의 IPA분석)

  • Sang-ho Lee;Jae-ho Hong
    • Journal of Agricultural Extension & Community Development
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    • v.30 no.4
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    • pp.213-227
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    • 2023
  • This paper aims to examine the farmers' perceptions of the importance and feasibility of climate change awareness and adaptive measures in agriculture, utilizing paired sample t-tests and Importance-Performance Analysis (IPA). Significant differences were found in farmers' views on the importance and urgency of climate change issues, with specific factors standing out. The IPA analysis identified key issues requiring sustained attention, including climate change magnitude, extreme weather events, livestock damage scale, pest fluctuations, and variability in flowering periods. Additionally, the study revealed significant disparities in farmers' perceptions of the importance and feasibility of adaptive measures, except for specific items related to heat indices.

Development of Feasibility Analysis Model for Developer-requested Housing Projects (공동주택 개발사업 수주를 위한 사업타당성 분석모델 개발)

  • Kim, Ki-Shin;Lee, Joong-Seok;Huh, Young-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.241-246
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    • 2008
  • With construction industry recession, many construction companies are increasingly conducting the development projects by themselves. However, housing projects requested by developers still stand large portion. Although many studies on feasibility analysis were released, they mainly focused on economic feasibility and lacked research on factors and criterions of overall project. Also, because previous studies overly break downed factors related to project, they rarely used in practice. Therefore, this study developed the feasibility analysis model of housing development projects to help main contractors to easily and effectively decide if it is feasible enough to promote the projects requested by developers, and verified the reliability of the model. In this study, thirty one driving factors were identified under seven different categories and the criterion of each factor was also developed. The survey on important index of each factor found "salability", "economic feasibility", "site location" and "method of raising fund" significant. 3 projects were tested by the model and its results showed resonable reliability.

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Economic Feasibility Analysis of Building Seonam Biogas Combined Heat and Power Plant (서남 바이오가스 열병합발전 시설 건립의 경제적 타당성 분석)

  • Park, So-Yeon;Shin, Hyun-Ho;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.25 no.4
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    • pp.141-151
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    • 2016
  • Recently, technology for energy recovery from waste has been increasing interest globally including the Korea. In Korea, we have interested in using biogas generated from the sewage treatment process. As one alternative, there are operating biogas combined heat and power plant. The generation amount of the Sewage Sludge are expected to grow in the future. For this reason, total processing cost of Sewage Sludge will increase. To solve this problem, it seems will be invested with the expansion of facilities that use biogas as energy. Therefore, quantitative information on such facilities is required. Thus, this study attempts to economic feasibility analysis for Seonam Biogas Combined Heat and Power Plant. Meanwhile, as the benefit items for economic feasibility analysis consider electricity supply benefit except for heat supply benefit. The average prices of electricity use were residence 123.69, commercial 130.46, and industry 102.59 won per kWh for the year 2015, In addition, the economic benefit are calculated to be residence 310.21, commercial 378.49, and industry 222.87 won per kWh. The results of economic feasibility analysis is NPV 72.18 billion won, B/C 1.90, IRR 37%, shows that economic validity of Seonam Biogas Combined Heat and Power Plant.

A Study on the Evaluation of Competitiveness and Economic Feasibility of Ship Repair Industry in Korea (우리나라 수리조선의 경쟁력 및 경제성 평가에 관한 연구)

  • Kim, Dug-Sup;Shin, Sang-Hoon;Shin, Yong-John
    • Journal of Korea Port Economic Association
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    • v.38 no.3
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    • pp.69-86
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    • 2022
  • This study analyses the necessity of the large-size shipyard and explores competitiveness factors of it. Furthermore, the competitiveness is evaluated and the economic feasibility of building and operation of shipyard is examined. As a result of AHP analysis of the determining factors of the competitiveness of the repairing shipyard, the importance of the factors was found in the order of arrival and departure safety, repair technology, dock and wharf facilities, repair cost, repair period (on time delivery), and repair parts supply. Moving distance, repair service quality, repair parts supply, arrival and departure safety, repair technology, dock and quay wall facilities, and repair period (on time delivery) were identified as key factors in the AHP analysis for competitiveness of the Busan Port repair shipyard to be built in the future. As a result of the analysing economic feasibility, the net present value of the Busan Port repair shipyard construction and operation investment project was KRW 435.6 billion, and the internal rate of return was 9.8%, higher than the social discount rate (4.5%), and the cost-benefit ratio (B/C) was high at 1.167. As a result of the study, the necessity and economic feasibility of the Busan Port repair shipyard are sufficiently ensured, and the competitiveness assessment was highly positive.

Development of Activity Pattern Analysis and its Application to the Health Check-up Service Organization (활동패턴분석방법론의 개발과 적용 : 종합건강검진서비스 적용사례를 중심으로)

  • Moon, Jae Ung;Ahn, Joong Ho
    • The Journal of Society for e-Business Studies
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    • v.18 no.3
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    • pp.69-92
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    • 2013
  • Activity Pattern Analysis(APA) is the methodology to Design the functions of information systems, to Estimate the monetary value of IS based on Activity Based Costing, to Acquire feasibility of IT Project. This study shows APA case in Health Check-up Service Organization (G-Center) and the Utility of APA. G-Center had acquired Five Outcomes through APA: (1) IT Strategy, (2) IT Project Goals, (3) Transformed Business Process, (4) Functional Blueprint of Information Systems, (5) IT Project budget and its feasibility. APA consists of three analysis processes; Activity Separation, Activity Rearrangement, Activity Costing. APA is flexible in determinating the range and the time of analysis, and is able to expand the Actors(as analysis objects) based on the purpose of analysis by researcher. Eventually APA can be used to do internal IT Management effectively.

Economic Analysis on Solar Energy System with Decision Support Models (의사 결정지원 모형에 의한 태양에너지 이용시스템의 경제성 고찰)

  • Chea, In-Su;Jo, Dok-Ki;Chea, Young-Hi
    • Solar Energy
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    • v.10 no.1
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    • pp.63-79
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    • 1990
  • It has been recognized that a policy for supplying solar house and hot water production systems utilizing solar energy needs to be driven to save civilian comsuming energy or to develop alternative energy. However, the economic feasibility study of solar energy systems must be carried out before their practical use. The purpose of this study is to furnish information for supplying policy and enlightening users with the economic feasibility study of solar house and hot water production systems. Decision support systems are established to carry out economic analysis on solar systems more accurately. Therefore, computer simulation is carried out to analyze the performance of solar systems and also economic feasibility study by trial and error method is carried out. Fuel cost and additional cost for solar systems are estimated employing present worth concept and economic analysis has been conducted using the break-even point analysis method and life-cycle cost analysis method.

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An analysis on the Feasibility of Busan Container Transshipment by Barge service (부산항 환적컨테이너의 바지선 운송 타당성 분석)

  • Cho, Boo-Lai;Choi, Man-Ki;Shin, Yong-John
    • Journal of Navigation and Port Research
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    • v.34 no.5
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    • pp.397-404
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    • 2010
  • The Currently, most cargos of container transshipment between Busan Port and New Port are transported over land, and the rest is transported by barge. This study estimated firstly the traffic between those ports through simulations in order to analyze the feasibility of container transshipment by barge. It forecasted annual profitability using determinants to affect on the barge business by the traffic, and then, discussed the feasibility. This study supposed the flexible scenarios with 50%, 60%, 80%, or 100% transshipment and the 25 monthly barge service numbers between two ports, and measured the influences of different factors according to the above various scenarios. And then the sales were evaluated by the different traffics and freights scenarios provided the business would be actually operated. Finally, Net incomes were simulated to analyze the feasibility of different scenarios by various traffics and freights. The net income should be positive to get the feasibility. To achieve this, the minimum traffic should be secured and the lowest freight per TEU should be determined. While all countries of the world is controlling CO2 emissions and emphasizes the green logistics, this study contributed to solve at the same time the problems about the pollution and the efficiency of transportation by reviewing positively the feasibility of barge transportation as an alternative to transportation overland.